v3.25.2
Senior Debt (Tables)
6 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
Summary of Debt

Debt as of June 30, 2025 and December 31, 2024 consisted of the following:

(in thousands)

 

June 30, 2025

 

 

December 31, 2024

 

Outstanding borrowings under Credit Facility (defined below)

 

 

 

 

 

 

 Revolving credit facility

 

$

233,900

 

 

$

214,200

 

Total outstanding borrowings under the Credit Facility

 

 

233,900

 

 

 

214,200

 

Outstanding borrowings under the joint venture term debt

 

 

6,472

 

 

 

7,297

 

Other borrowings

 

 

576

 

 

 

 

Unamortized debt discount

 

 

(2,214

)

 

 

(2,617

)

Total outstanding borrowings

 

 

238,734

 

 

 

218,880

 

   Less: current portion

 

 

(1,857

)

 

 

(1,650

)

Total debt, less current portion

 

$

236,877

 

 

$

217,230